China has launched new drills encircling Taiwan. Why now?

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from CNN,

Tensions are once again ratcheting up in the Taiwan Strait, with China launching two days of military drills encircling Taiwan just days after the democracy swore in a new leader long loathed by Beijing.

The exercises began early Thursday, in what China described as “punishment” for “separatist acts” – alluding to the election and inauguration of the self-governing island’s new President Lai Ching-te.

China’s military says the drills are designed to test its ability to “seize power” over Taiwan.

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